Mari Petroleum signs with major fertiliser producers for gas production

LAHORE: Mari Petroleum Company Limited (MPCL) has entered into an agreement with three major fertiliser companies in Pakistan to maintain MPCL’s Habib...

Govt likely to remove Aamir Khan as SECP chairman: sources

ISLAMABAD: A change in the top spot at the Securities and Exchange Commission of Pakistan (SECP) is in the offing as the...

Pakistan allegedly restricting foreign airlines from converting currency in a bid to keep rupee afloat 

LAHORE: The International Air Transport Association (IATA) warned that airline funds for repatriation blocked by governments have risen by more than 25%...

Govt readies plan to import Turkmen LPG via Afghanistan 

ISLAMABAD: Faced with a gas shortage crisis as winter sets in across the country, the government has drawn up comprehensive plans to...

Make CNG great again, association leader advises govt

ISLAMABAD: Pakistan’s Compressed Natural Gas (CNG) association believes that it has the solution to the government’s biggest problem – reducing foreign currency...

Imported automobiles hit 3 year low 

LAHORE: The Pakistan Bureau of Statistics (PBS) released its import data for the month of October 2022, which paints a not-so-pretty picture...

Pizza Hut is set to be sold. But what went wrong with the fast food franchise? 

LAHORE: After months of being shuttered, the franchises of Pizza Hut and Burger King are set to re-open in Pakistan after a...

If we’re getting oil from Russia, why not Iran? 

ISLAMABAD: As the latest announcement from the government came on Monday regarding positive discussions with Russians on several proposals involving oil and...

Fatima Fertilizer eyes expansion

In an expansion bid, the Fatima Fertilizer Company Limited (FATIMA) has decided to consolidate its fertilizer business by merging its associate company,...

Bumpy year ahead as tractor industry braces for lowest sales in 15 years 

LAHORE: In an emergency meeting held on Monday, Chairman of Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM) Munir Bana predicted...

Auto finance spiralling into oblivion

LAHORE: The State Bank of Pakistan (SBP) has released its credit data for the month of October, 2022, and the numbers do...

Oil prices see a rise on Monday as OPEC+ keeps their word

LAHORE: The Organization of Oil Exporting Countries, namely OPEC, met on Sunday to discuss the production targets of crude oil for the...

Domestic PFY industry on the ropes amid dumping allegations  

ISLAMABAD: At a time when the country is going through a balance of payments crisis, the government has failed to curtail Polyester...

Pakistan says Russia agreed to sell it discounted oil. Now what?

Perhaps the most talked about topic this year in the energy sector has been the potential for Pakistan to import Russian oil...

Where is the locally assembled MG HS? 

LAHORE: MG Motors’ CEO Javed Afridi caused a storm on social media with a prehype of MG4 Fully Electric that he claimed...